The prospect of a recession may be looming over the economy, but things are looking up for the DIY industry.
Brits are still buying their heavy door closers and their drawer runners
despite the impending credit crunch, if the latest figures regarding the purchasing of DIY products is anything to go by.
Data collected by market research organisation GFK has revealed that there was a 4.5 per cent rise in sales of diy/gardening products in 2007 to £10.2 billion, reports DIY Week.
The report found that there was evidence of a "continued enthusiasm for home and garden improvements", with electric power drill sales increasing by 5.4 per cent in 2007.
Already accounting for 42 per cent of the total power tools sector, electric power drills saw in excess of £74 million per annum.
The value of paint brushes also grew by four per cent to £72.5 million, the news service reported.
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